Preference

(redirected from preferential)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia, Wikipedia.
Related to preferential: preferential treatment

Preference

Refers to over-the-counter trading. Selection of a dealer to handle a trade despite the dealer's market not being the best available. Often the "preferenced dealer" will then move his market in line.

Preference

The practice of executing trades and other transactions by means other than the open market. For example, if one needs roofing repairs on one's house, one may select one's brother's roofing business even if it is more expensive. In securities, preference often occurs in over-the-counter trades, especially within a brokerage. Preference can, but does not always, lead to economic inefficiency.

preference

The practice of matching customers' buy and sell orders away from the primary exchange. Preferencing is opposed by the New York Stock Exchange because it claims the practice unfairly benefits brokerage firms and doesn't give customer orders the chance to see other customer orders in a public market. Compare in-house trade.
References in periodicals archive ?
50 Tax on $18,000 preferential income at 0% (falls in 15% bracket) 0 Tax on $57,000 preferential income at 15% (falls in 25% bracket) 8.
In half of the groups, all recipients received the same email response which showed them preferential treatment over their peers.
Gul said the preferential trade agreement would make the biggest contribution to secure a more liberal regime of free movement of goods among OIC members, adding that cooperation was vital in order to keep up with global competition.
Winter sports cover - ski cover from pounds 15 Whether you're skiing, snowboarding or wanting to take part in another type of winter sport, Preferential Direct winter sports travel insurance provides protection for you and your equipment on and off piste - so you can enjoy the slopes without worrying about the 'what ifs'.
For that reason, the German authorities ultimately refused to grant Brita entitlement to preferential treatment on the ground that it could not be established conclusively that the goods imported were covered by the EC-Israel Agreement.
The preferential mortgage has created bloated demand and bolstered housing prices at high levels, beyond the reach of most salaried men, despite the economic downturn, said Chang.
Then in 2003, this rule was changed and owners were permitted to terminate the preferential rent at the time of lease renewal and return to the legal regulated rent.
Hubei-based China Automotive Systems Inc( NASDAQ: CAAS), a leading supplier of power steering components and systems to the Chinese automotive industry, has announced that two of its subsidiaries are to benefit from preferential tax treatment after being granted High-Tech Enterprise status from the Chinese government.
From the first hours, newborns typically give preferential attention to people.
Dubai: The Dubai International Financial Centre (DIFC) yesterday issued a consultation paper to seek comments on the new Preferential Creditor Regulations under the DIFC Insolvency Law of 2004.
The Dubai International Financial Centre (DIFC) today issued a consultation paper to seek comment on new Preferential Creditor Regulations under the DIFC Insolvency Law of 2004.